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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kexin Development Co Shanxi's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-6.2 Mil.
Kexin Development Co Shanxi's average Total Assets over the quarter that ended in Mar. 2026 was ¥956.2 Mil. Therefore, Kexin Development Co Shanxi's annualized ROA % for the quarter that ended in Mar. 2026 was -0.65%.
The historical rank and industry rank for Kexin Development Co Shanxi's ROA % or its related term are showing as below:
SHSE:600234'
s ROA % Range Over the Past 10 Years
Min: -22.54 Med: -0.3 Max: 6.75
Current: -2.31
During the past 13 years, Kexin Development Co Shanxi's highest ROA % was 6.75%. The lowest was -22.54%. And the median was -0.30%.
SHSE:600234's ROA % is ranked worse than 64.04% of 1029
companies
in the Media - Diversified industry
Industry Median: 0.74
vs SHSE:600234: -2.31
Kexin Development Co Shanxi (SHSE:600234) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Advertising Agencies subindustry, Kexin Development Co Shanxi's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kexin Development Co Shanxi ROA % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Kexin Development Co Shanxi's ROA % distribution charts can be found below:
* The bar in red indicates where Kexin Development Co Shanxi's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Kexin Development Co Shanxi (SHSE:600234) has a ROA % of -0.65% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kexin Development Co Shanxi and its competitors. According to the industry distribution chart, Kexin Development Co Shanxi ranks #659 out of 1029 companies in the Media - Diversified industry, placing it in the top 64%.
Is Kexin Development Co Shanxi's ROA % too high?
Kexin Development Co Shanxi's current ROA % is -0.65%. Based on the distribution chart, Kexin Development Co Shanxi ranks #659 out of 1029 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Kexin Development Co Shanxi has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kexin Development Co Shanxi's ROA % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Kexin Development Co Shanxi ranks #659 out of 1029 companies for ROA %. This places Kexin Development Co Shanxi in the lower half of its industry. The industry median ROA % is 0.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Media - Diversified company?
The median ROA % among Media - Diversified companies is 0.74, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kexin Development Co Shanxi and its competitors. For the Media - Diversified industry, the median ROA % is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kexin Development Co Shanxi's current ROA % is -0.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kexin Development Co Shanxi stock overvalued right now?
Based on GuruFocus' analysis, Kexin Development Co Shanxi (SHSE:600234) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.70, compared to a current price of ¥18.11 — trading 2.3% above its estimated fair value. The current ROA % is -0.65%. Kexin Development Co Shanxi's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Kexin Development Co Shanxi (SHSE:600234), the current ROA % is -0.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kexin Development Co Shanxi (SHSE:600234) Overvalued in 2026?
Based on GuruFocus' analysis, Kexin Development Co Shanxi stock appears to be overvalued.
The current stock price of ¥18.11 is trading 2.3% above its estimated GF Value™ of ¥17.70.
GuruFocus considers Kexin Development Co Shanxi to be Fairly Valued.
Key valuation signals for SHSE:600234:
ROA %: -0.65%
GF Value™: ¥17.70 vs. price of ¥18.11 (2.3% above fair value)
No single metric tells the full story. See the SHSE:600234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kexin Development Co Ltd Shanxi is engaged in cultural event planning; cultural communication planning; corporate image planning; investment in theme parks and tourism cultural projects, cultural performance projects, cinema lines, book publishing publications with own funds; painting and calligraphy art creation and display.
46GF Score
Get the complete analysis for SHSE:600234
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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